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Stewart Fournier

What does the "Donald" know you don't ?

What does Donald Trump Know That You Don't ?

Rumor has it that "The Donald" is buying up real estate like crazy nowadays. Is he crazy like a fox? Well only the future well tell.

What's important to learn at this point that is that reading the doom and gloom about the financial world especially as it relates to real estate can be more of an opportunity than just more bad news for you.

Our local market like most of the nation has lost value over the last year. In the South Bay this has translated into about a 10% decrease of property value. Is that bad news?

When you consider that most of the nation is losing a great deal more than 10% perhaps it's really not bad at all. We are losing less at a slower pace than millions of homes across the nation. What this speaks to is the incredible strength of our local economy. If you own real estate in the South Bay your investment has actually increased in power if you were to consider buying out of the area.

Prices are coming down and most likely will continue. How much and for how long has now become the focus for buyers and sellers? This can be real good news for buyers, however buyers also have to consider the real issue today and that is how to get a loan. In the future it could be more costly to buy a house because of the anticipated interest rate increases despite the governments attempt to keep rates down.

What has changed and will continue to change like never before is the way we get loans. How this relates to housing prices is a constant variable that only truly experienced and practicing Realtors like Randi and I can put in perspective for you.

It's been really wild out there lately and we would love the opportunity to be able to make the way clear for you whether you are investigating or buying or selling in this market.

We'll keep watching what "The Donald" is doing and let you in on his secrets, so give us a call if you'd like a clear prospective about all the news nowadays. We love to talk Real Estate.

Take Care,

Stewart Fournier

310-968-1730

Randi

310-415-6023